Aew Uk Reit Share Discussion Threads

[skinny] 05/5/2022 06:14

Nothing obvious.

[spectoacc] 05/5/2022 06:12

That's a big loss, what's gone on?

[carcosa] 03/5/2022 13:33

..especially when they all but said they are trading ahead of expectations....

[skinny] 03/5/2022 13:20

Worth a watch - 40 minutes duration.

[riverman77] 25/4/2022 09:43

That would take NAV up to around 131p putting this back on a small discount.

[spectoacc] 25/4/2022 07:48

Hats off to them, not been a holder for ages but they keep delivering.

Removing them from AEWL/AIRE seems a big mistake in hindsight - look at the performance difference.

[smidge21] 25/4/2022 06:51

Few would now deny them more equity to play with.

[stemis] 25/4/2022 06:49

11% of nav is around £21m. That's some increase on an asset now valued at £37m.

[solarno lopez] 25/4/2022 06:23

First class news shows what a good team we have

[lord gnome] 25/4/2022 06:15

Just look at that chart in the header. A real thing of beauty :-)))

[lord gnome] 25/4/2022 06:14

Great start to the week. The news here just gets better and better.

[skinny] 25/4/2022 06:03

.

Eastpoint Business Park, Oxford

AEW UK REIT plc (LSE: AEWU) ("AEWU" or the "Company") announces that, following a marketing campaign, it has agreed terms to sell its office asset located in Eastpoint Business Park, Oxford for approximately GBP37 million. The agreed sale price represents a significant premium to the carrying value of the asset at 31 March 2022 and the Company received a number of offers at similar levels. For illustrative purposes only, if this valuation had been included in the 31 March 2022 NAV, it would have added approximately 11 pence to the Net Asset Value per share.

It should be noted that there is no guarantee that the transaction will complete and there will be a number of factors that may impact the next net asset value produced by the Company, which will be for the period ending 30 June 2022.

[solarno lopez] 23/4/2022 11:08

Thank you petewy

[petewy] 23/4/2022 11:03

Solarno hombre trato

[solarno lopez] 23/4/2022 08:51

What page please as I do not see it

[alter ego] 22/4/2022 14:26

tipped today by S Thompson in the IC

[skinny] 22/4/2022 13:59

ATH @129.40 and still yielding 6+%.

[chippy hackee] 22/4/2022 13:56

I'm hoping the valuers haven't over-cooked the Eastpoint asset, not sure it's being terribly well received by the market. Suspect it will be a propco type buyer rather than one of the big lifescience groups.

[ryesloan] 21/4/2022 09:51

They seem to have a knack of finding good value assets.Fund raise incoming though so sure to be at a small discount to current price and probably a smidge above NAV.They certainly deserve some extra capital to play with that's for sure.

[nickrl] 21/4/2022 07:43

AEWU first out the blocks i believe this qtr with NAV update pushing on another 7.4% to 120.6p. Interesting that they cite office assets as biggest contributor but does look like a one off gain on an Oxford property. Its extraordinary how some asset values are getting a massive boost up when a new letting has been achieved e.g

"The Company's industrial asset in Basildon, Apollo Business Park, saw valuation growth of 22.5% during the quarter following the signing of a new five-year lease at a rent 15% ahead of valuer's previously estimated levels"

Income still insufficient to cover divi which they acknowledge but with Bath St now pretty well locked in for completion shortly they will be in position to recycle proceeds to get cover back up.

This one has been a start performer for good reason but to push on further needs the managers to continue to recycle but I suspect the big opportunities are fast disappearing as valuations have played catch up and thus not so much mis-pricing about.

[spangle93] 21/4/2022 07:41

Impressive NAV increase for the quarter to 120.63p

Dividend of 2p maintained, though coverage only 78%

Described as temporary blip, due to 0.21pps missing from Bath St Glasgow, where renter has left due to empty property being a condition of planned sale

[spin doctor] 23/3/2022 10:21

OK, I'm out of these now but will watch.
Management is top notch.
But discount eliminated, and the prospect (inevitability) of 'growing its capital base' is likely to cap share price growth in the short term.

[catch007] 16/2/2022 15:41

fred177: Thank you much appreciated